This advisor or firm is a vetted, documented member of the Paladin Registry.

This advisor or firm's only method of compensation is a fee -
just like you compensate other professionals and firms that you rely on for
specialized knowledge, advice, and services.

Paladin provides free information services to investors who rely
on planners and investment advisors to help them achieve their financial goals.
Paladin is the only SEC registered firm that vets, validates, and documents
the quality of financial professionals and firms (since 2003).

Click Here
to view Paladin's research report for this professional or firm.

Paladin Fiduciary

This advisor or firm is a vetted, documented member of the Paladin Registry.

This advisor or firm is a fiduciary when providing financial advice and services for fees. Fiduciaries are held to the highest ethical standard in the financial service industry.
They are required to always put their clients' financial interests first.

Paladin provides free information services to investors who rely on planners and investment advisors to help them achieve their financial goals.
Paladin is the only SEC registered firm that vets, validates, and documents the
quality of financial professionals and firms (since 2003).

Click Here
to view Paladin's research report for this professional or firm.

Annuity Rescue

First of all, we do not sell annuities. We are not insurance agents nor do we represent any insurer. We represent our clients – some of whom have purchased annuity contracts they later wish they hadn’t.

Issues of Annuity Management that we may be able to address with you:

Your Tax Position in Your Contract

We'll explain the rules to you—in plain English.

Own an IRA Annuity?

It’s legal, but it makes little sense. We’ll explain why.

The Cost of the Underlying Annuity Contract

Salespeople have a way of glossing over this.

The Cost of any Underlying Investment Accounts

We’ll help you analyze this layer of expenses.

Any Surrender Charges that Might Exist

We’ll show you how to properly analyze them.

Other Miscellaneous Charges & Fees

Annuities can have many cost layers.

General Annuity Tax Attributes

There are some good and plenty of bad. We'll discuss both.

Possible Early Withdrawal Penalties

The tax code imposes a 10% penalty on certain withdrawals. We’ll explain it to you.

So – What’s in it for us?

Maybe something. Maybe nothing.

Maybe something...

Often, we are asked to oversee the investment management of a given annuity. In the past, we have declined to do this for two reasons.

Since annuities are proprietary products, the investment sub-accounts are generally not set up so that investment advisors can oversee them.

Even in those cases where such an arrangement could have been worked out, the high cost of many annuities has lead us to conclude that adding yet another cost layer (our fee) would simply not be in our clients’ best interests.

Because at least one insurer has come forward with an exceptionally low-cost annuity that features hundreds of investment vehicles, and because that insurer has indicated a willingness to work with fee-only investment advisors, we may be in a position to coordinate your annuity investment options for you for a modest fee.

Maybe nothing...

Or, if you’d prefer to exchange a high-cost annuity for an especially low-cost one and not have an investment advisory firm oversee the assets within your annuity, we would be pleased to show you how to accomplish it yourself. Our fee would be precisely zero. We call it goodwill.

We’d tell you more about the annuity here, but then we’d have to ruin our website with a lot of nauseating boilerplate.

The information contained herein has been obtained from sources
believed to be reliable, but the accuracy of the information
cannot be guaranteed. Third-party rankings and recognition from rating services
or publications is no guarantee of future investment success and that working
with a highly rated adviser does not ensure that you will experience
a higher level of performance or results.
Wessel Investment Counsel, L.L.C. does business only in those states
in which it is properly registered. All investments have the potential
to generate profits or losses. Past performance of any particular investment
neither guarantees nor implies its future performance.

The Paladin Registry

Paladin provides independent evaluations of financial advisors based on their credentials, ethics, and business practices.

Of the approximately 30,000 advisors Paladin has reviewed since 2004, only about 7% of them have received a 5-Star rating. The remaining 93% are turned away.

Paladin says, "The best certifications are the ones that required a lot of work and included a comprehensive examination to make sure the advisor´s acquired knowledge will help them do a better job for you. Four certifications and designations that stand-out are: CFA®, CFP®, CPA/PFS, and CIMA®."

(Please be aware that third-party ratings such as the 5-Star rating Glenn Wessel has received from the Paladin Registry cannot necessarily ensure future investment success or a higher level of investment performance.)

Chartered Financial Analyist

" The most highly regarded credential that is currently available to financial advisors." —
5 Stars